Neptune Orient L Rg   

Share Buy Back

This counter will be affected not only oil price but US economy....now many ppl bet that US economy will go into recession....

 

Aiyo.. never would i believe nol could hit below $4 man.. but then.. it good to know tat the management had exercised buy back shares.. tat's prove one point (for me).. it's a good catch at that rate.. let's wait patiently for this counter to jump back to $5.85. That... i guess will b after winter season gua.. when oil price dropped.. Unless Dec... oil price drop below $80...

 

thank you tiandi,

so from dinghoki newspaper cutting that current price is high? but DJ, STI index are going up with the coming expected good news of interest cut

 

This is extrated from today's  (30/11/2007) Lian He Zao Bao.
Let's see if this analysis is reliable.  Ppl who want to buy this counter must be alert. 

海皇轮船
本栏于今年9月27日曾预估这只股票短期内将无法填补介于5.85元至6.10元间缺口，相反的，股价将往下填补介于4.20元至4.00元间的缺口。当时股价为5.25元。果然，股价过后于10月16日回扯至5.80元却犹如强弩之末，未能将上述介于5.85元至6.10元间的缺口填补。过后转而下跌至11月22日的3.94元，遂将上述第(二)个缺口填补了。11月28日更下试3.92元，估计股价随时会跌穿3.70元的价位，而其每周一杆图的?方向指示?正处临界面，因此，未来二周的跌幅会相当可观了。

 

imo, total share about 1467millions, authorised buyback max 146million. todate they buyback about 2.3million, or 0.157% of total shares. last buyback 200K, so the effect of the buyback, cum to 0.157% , thus it should have very little impact on share price.

 

Hi everyone,

Can someone advise what is the impact to NOL share buy back scheme?

Now down to 3.94 and what is the low? Any potential?

Thank you